Taxes
Bill Gross is worth US$2.4 billion, according to Forbes. Although that’s nowhere near Warren Buffett’s US$65.7 billion, Gross is a legendary bond investor who co-founded Pacific Investment Management Company (PIMCO) in 1971. The bond guru and portfolio manager at Janus Capital Management was of the opinion that it was a 50/50 chance that the Fed would […]
... written on Sep 22 2016During the Low Yat Crisis last year, Prime Minister Najib Razak almost made his dad proud. Like his father’s 1969 bloody racial riots, Malaysia was on a brink of its second racial riot. A phone theft involving 2 young Malays quickly turned into a mini racial riot when hundreds more Malays, instigated by thugs under […]
... written on Sep 03 2016Apple has been ordered to pay up to €13 billion (US$14.5 billion; £11 billion; RM58.8 billion) in back taxes, plus interest, to Ireland after the European antitrust regulators ruled that a special scheme hatched between Apple (stock-code: AAPL) and the Irish tax authorities to route profits through Ireland was considered illegal state aid. The commission said Ireland’s […]
... written on Aug 30 2016United States presidential election 2016 is not merely about Donald Trump calling Hillary Clinton of having a “short-circuit in the brain” or Clinton accusing Trump of being unfit to become a president. Regardless of who gets elected to the White House, it would impact American business owners and individuals, one way or another. According […]
... written on Aug 13 2016Roughly 35,000 crossed the border on Saturday. Another 88,000 did the same on Sunday. Some had travelled in chartered buses from cities 10 hours away. Their mission: to buy food. What they have back home in their apartment is a fridge covered with souvenir magnets from vacations abroad, but no food. So when the […]
... written on Jul 19 2016From hero to zero – that was the best description for Boris Johnson, the former Mayor of London who was backstabbed by his friend. He was brave, bold and a Brexiteer who brought down Prime Minister David Cameron. He was the favourite to become Britain’s next prime minister, but like “Game of Thrones”, he was […]
... written on Jul 01 2016This is quite boring but since millions of ethnic-Chinese are foaming on the mouth beating their chests in anger over the arrest of Penang Chief Minister Lim Guan Eng, we thought an article or two might be able to stop them from going crazy when Mr. Lim is eventually sent to prison, hopefully to be […]
... written on Jun 30 2016Let’s call a spade a spade. The trend in the recent Sarawak state election and twin by-elections (Sungai Besar in the state of Selangor and Kuala Kangsar in the state of Perak), just concluded over the weekend, is going to replicate itself throughout the country. Prime Minister Najib Razak is going to lead BN for […]
... written on Jun 19 2016Russians might love their President Vladimir Putin, who enjoyed consistently high rankings. Last year in June, Putin’s approval rate was at record-high of 89%, despite economic challenge due to tumbling currency ruble and oil price. But it’s a different story altogether with the Russian prime minister, who assumed office since 2012. When Russian Prime Minister […]
... written on Jun 09 2016Sungai Besar and Kuala Kangsar by-elections are set for multi-cornered fights, as expected. It appears Pakatan Harapan (Hope’s Pact) consisting of DAP, PKR and Amanah political parties is not as screw up as it had been during the recent Sarawak state election. Well, at least PKR who had clashed with DAP and was initially gung-ho […]
... written on Jun 06 2016
